77
Fashion Jobs
BEIERSDORF
Sales Representative North Greece (Based in Thessaloniki)
Permanent · ATHENS
FOOT LOCKER
Συνεργάτης Πωλήσεων
Permanent · THESSALONIKI
L'OREAL GROUP
Senior Product Manager Maybelline – Consumer Products Division
Permanent · NEA IONIA
CLINIQUE
Consumer Marketing Manager, Clinique
Permanent · ATHENS
LA MER
Consumer Marketing Executive, LA Mer
Permanent · ATHENS
TOM FORD
Consumer Marketing Manager Tom Ford
Permanent · ATHENS
H&M
Σύμβουλος Πωλήσεων - Μερική Απασχόληση
Permanent · CHALANDRI
ESTÉE LAUDER COMPANIES
Fixed Assets & Decorations Supervisor
Permanent · ATHENS
SEPHORA
Accounting
Permanent · ATHENS
SEPHORA
Category Specialist
Permanent · ATHENS
H&M
Σύμβουλος Πωλήσεων (Mare West) - Μερική Απασχόληση
Permanent ·
H&M
Σύμβουλος Πωλήσεων - Μερική Απασχόληση
Permanent · PIRAEUS
H&M
Hiring Day Chania - Sales Advisors
Permanent · CHANIA
MAD LORDS
Sales Assistant Scorpios Mykonos
Fixed-term · MYKONOS
FOOT LOCKER
Συνεργάτης Πωλήσεων
Permanent · MAROUSI
FOOT LOCKER
Συνεργάτης Πωλήσεων
Permanent · ATHENS
H&M
Σύμβουλος Πωλήσεων (Metro Mall) - Μερική Απασχόληση
Permanent · AGIOS DIMITRIOS
H&M
Σύμβουλος Πωλήσεων - Μερική Απασχόληση
Permanent · KALAMATA
H&M
Σύμβουλος Πωλήσεων - Μερική Απασχόληση
Permanent · NEA IONIA
GUESS
Sales Advisor (Greece)
Permanent · ATHENS
BEIERSDORF
Junior Pos Materials & Execution Specialist (Temp Position)
Fixed-term · ATHENS
H&M
Σύμβουλος Πωλήσεων - Μερική Απασχόληση
Permanent · KALLITHEA
Published
Nov 23, 2022
Reading time
2 minutes
Download
Download the article
Print
Text size

Coats Group trading patterns "back to normal" post-pandemic

Published
Nov 23, 2022

Coats Group is pretty much back to normal on the performance front, the threads and global footwear components manufacturer said Wednesday, with its pandemic woes clearly behind it. That means trading patterns are now operating in line with full-year expectations.


Coats Group


For 1 July-31 October, Coats recorded strong organic revenue growth (+6% year-on-year) after the “very strong” first half. Year-to-date revenue growth was 14%, “a run-rate above the expected long-term trend”, it said.

Meanwhile, improved pricing and productivity continue to offset inflationary pressures.

But there was a “moderation” compared to H1 “due to an industry-wide softening in demand, mainly in Apparel, towards the end of the period”, it admitted.

Apparel and Footwear revenue increased 3% year-on-year in the period and 14% year-to-date. Apparel experienced some order cut-backs by customers, as a result of the macroeconomic environment.

Footwear continued to see positive end market sentiment across the US, Europe and Asia with its acquisitions of Texon and Rhenoflex “performing in line with our expectations”.

Revenue in Performance Materials increased 15% with all segments “continuing to perform well”.

“Our pricing actions and self-help efficiency programmes continue to offset the significant inflationary pressures in the supply chain. In addition, our strategic projects remain on track, and are delivering significant operational and financial benefits”, it said.

For its outlook, Coats said it’s “responding positively” to macroeconomic uncertainty “with a well-defined and tested playbook that focuses on cost and cash actions”, hence expectations for the full year 2022 are going to plan.

“The group continues to expect to make good progress during 2023 underpinned by the full-year contribution of acquisitions, associated synergies, and strategic projects”, it added.
 
 

Copyright © 2024 FashionNetwork.com All rights reserved.